Consumer Price Index 2024 Forecasting. Consumer prices rose 2.9% for the 12 months ended in july, slowing from june’s 3% annual gain, according to the bureau of labor statistics’ latest cpi report. The annual rate is the lowest since march 2021, while the core is the lowest since april 2021, according to the bureau of labor statistics.

The consumer price index (cpi) records the price of a wide range of goods and services in a country to keep track of inflation. Learn how the consumer price index data can help determine the direction of the forex market, so you can make informed trading decisions with every announcement.